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Topic: What if I buy 3BTC now and forget about them for 10 years??? (Read 4675 times)

sr. member
Activity: 336
Merit: 252
Rich? In today's dollars? You will probably be able to live comfortably. Lose all your money? Probably not, if you don't lose your private keys obviously. Just do it.
hero member
Activity: 2702
Merit: 704
I would split your funds between btc and alts.
Maybe 2btc and 1 btc equivalent of whatever strikes your fancy (ethereum, zcash, etc).
Watch for new things as well (eos, tezos, etc.).
Not necessarily buy them, but be informed.
Good advice but the opener wants to forget about its coins and this is not possible with new projects, even if those are the ones that gives the biggest earnings, so it is better to invest in bitcoin and known altcoins so the risk of losing your money is as low as possible.
legendary
Activity: 3738
Merit: 3848
I would split your funds between btc and alts.
Maybe 2btc and 1 btc equivalent of whatever strikes your fancy (ethereum, zcash, etc).
Watch for new things as well (eos, tezos, etc.).
Not necessarily buy them, but be informed.
full member
Activity: 225
Merit: 100
If you are planning to purchase bitcoin right at this moment and then planning to forget about it for ten years ,then you might lose some coins if there is split and make sure that you monitor everything that is happening and then make sure you take the right decision,one thing is certain the price of bitcoin would go up in ten years time but it is always good to watch the market closely.
hero member
Activity: 3024
Merit: 745
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Go for it, the price is quite lower today than before. As long as it was under $2,500 buy it. Don't believe others that the price will go down, bitcoin is becoming popular and countries are showing so much interest into it. They want to adopt bitcoin with every single transactions in their economy and it was really helpful for them.
sr. member
Activity: 980
Merit: 255
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


It is better to say that you are going to leave alone your coins than to say you are going to forget about them because some people have in fact forgot about their coins and they lost a lot of money that way.
legendary
Activity: 1036
Merit: 1002
Then you can make a good profit after that expert says that bitcoin become $10,000 or maybe more than that or half a million depend on the fitire furtune of bitcoin we can say but most of the time a good prediction is always good i like it when bitcoin becoming expensive.
😊 I would also not mind that She climbed to 10,000 dollars and my Bitcoin Dali pair would have me a very decent condition or even an investment opportunity. Although if you look at the current trends in the currency market, then I am very positive and expect only good news in the future.
Then you expecting too because your thinking positively you expecting that bitcoin prediction will be truth and it will grow enough for those who believed in it. It is a matter of fact that bitcoin is going to be increase and that is the real reality i don't mind losing but i really love to trade bitcoin into another alternative coins which can help me to earn and look for a good profit to save and to hold.
hero member
Activity: 2702
Merit: 704
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


It is difficult to know since we will be speculating, but if we assume bitcoin will go up about 20% every single year then the price will be close to 13k after 10 years which would mean that your investment will have a value of 39k, not bad but it is not going to be life changing money.
hero member
Activity: 616
Merit: 500
Yes that is the right thing to do as price is low now so you can buy bitcoins and hold them for next few years and sell them when it reaches to your expected price level and if you have more then you can invest some of them in trading too.
sr. member
Activity: 315
Merit: 255
Well bitcoin is always a good as an long term investment so if you buy them now and save for next 10 years then you can expect good and positive results out of it and as of now price has gone down so it would be really great time to buy bitcoins at lower price.
hero member
Activity: 798
Merit: 506
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??



Right now, there are some prices decline and it seems bitfinex show the lowest exchange rate around $2224 and may continue to decrease. And the highest price rate since May 22th maybe around $2800-$2950, if you've bought 3 bitcoin when it was $2252 and sold it at $2900, then you should get $1944 profits. But, if you didn't sell it, don't worry. I will definitely take the chance to buy bitcoin whenever dip occurs and wait for 10 years later, my bitcoin value will increase obviously just like what happens all this time.
sr. member
Activity: 504
Merit: 250
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich.

That's right the supply of bitcoin is limited and its demand can go much higher then our expectations which will make the price of bitcoins to touch the moon and in that case if he holds his 3 btc for next 10 years then he can expect huge profits from it which can surely make him rich in future.
jr. member
Activity: 58
Merit: 10
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich.
full member
Activity: 211
Merit: 100
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??



I think you are talking about the value of bitcoin in the future, I think it can continue to exist for a long time, so its value will increase in the future. If you buy it for storage, and then you to lose it, that really is a pity.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


It will depend on how much money you consider to become rich, so if after 10 years a single bitcoin is going for 10 grand or so i wouldn't say you rich and losing all your money is practically impossible at the moment you might make a handsome profit after waiting for a long time and a loss is out of the picture
legendary
Activity: 1176
Merit: 1001
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I do not know what you will get, become rich because bitcoin prices rise high in the next 10 years. the one things that I'm sure, you can get a profit but i've a little hesitant you can be rich only with 3 btc. you need invest more if you want become rich with bitcoin.
legendary
Activity: 3472
Merit: 10611
Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.

that is completely wrong.
if and when a chain split happens, any coin that has existed on the main chain (the chain that existed before the fork) will always be valid because any new chain is building on top of that chain. there is no "minor chain" here.

lets say you receive bitcoin on block #475095 (which was mined 14 minutes ago) and fork happens after a while on block #475500 and two chains exist. these two chains are building their blocks on top of previous blocks they both have the same block #0 to block #475500 but their blocks  #475501 and above are different.
newbie
Activity: 56
Merit: 0
Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.

That is right theoretically. But it will take some time to find the main one.
legendary
Activity: 1526
Merit: 1179
Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.
jr. member
Activity: 46
Merit: 1
Never never invest more than what you can lose. Some people can't afford to lose 3 BTC x todays price. Some people can. If you can afford to lose that amount then go for it. Maybe you can only risk buying 1 BTC. Maybe 0.5 BTC. Based on the underlying economics of bitcoin, in 10 years you will either have made an extremely big profit or you will have nothing. I made this bet 5 years ago and so far I have made a good profit from hodling. I will continue hodling.
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